Karnataka State Budget 2010 by BS Yeddyurappa, Karnataka State Budget 2010 Highlights

Karnataka State Budget 2010 has been presented by BS Yeddyurappa today in the assembly on Friday, Mar 5 2010. Checkout for Karnataka State Budget 2010 Highlights or Karnataka State Budget 2010 here.

Following are the Karnataka State Budget 2010 Highlights:

• 1000 new Industrial Training Institutes (ITI) to be opened under Public Private Pratnership (PPP )in rural areas.
• Rs 5 cr Sanskrit University in Bangalore
• Rs 25 cr for improving roads in Coorg
• Rs 425 cr to develop new areas under BBMP.
• Rs 250 cr for widening of all state highways.
• 4 lane highway between Hubli – Dharwad at the cost of Rs 50 Crores.
• Better drainage system promised for Bangalore.
• 1 per cent Hike in VAT from the next Financial year.
• Life time tax for cars and bikes to go up.
• Rs 2 cr allotted for Solar Lamp subsidy.
• Industrial Export center at Mysore.
• Rs 3000 cr for development of roads and flyovers in Bangalore.
• 13 pc Tax on vehicles priced above 5 Lakhs.
• 15 pc Tax on Tobacco products.
• Rs 15,440 Crores for Steel Zone in Bellary
• 8% increase in luxuary tax
• Rs 8, 830 cr allotted for primary education
• New Agricultural University in Shimoga
• 1,000 acres for districts to build industrial townships
• Rs 583 cr for urban development
• Rs 1,000 cr for 1,000 villages

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